Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under its 20 MA (1.6932) but above its 50 MA (1.6919).

Our preference: the downside prevails as long as 1.6980 is resistance.

Alternative scenario: the upside breakout of 1.6980, would call for 1.7034 and 1.7066.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 1.6950 and 1.6962).

Alternative scenario: the downside breakout of 1.7228 would call for 1.7173 and 1.7140.

Our pivot point stands at 1.7228.

Our preference: as long as 1.7228 is support look for 1.7374.

Alternative scenario: below 1.7228, expect 1.7173 and 1.7140.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.7269 and 1.7255).

Alternative scenario: the downside breakout of 1.6909 would call for 1.6855 and 1.6823.

Our pivot point stands at 1.6909.

Our preference: rebound.

Alternative scenario: below 1.6909, expect 1.6855 and 1.6823.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the pair stands above its 20 MA (1.6947) but below its 50 MA (1.6957).

Our preference: the downside prevails as long as 1.7126 is resistance.

Alternative scenario: the upside breakout of 1.7126, would call for 1.7180 and 1.7212.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 1.7105 and 1.7104).

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading above its 20 MA (1.7105) but under its 50 MA (1.7131).